This article analyzes the role that information technology has taken in the areas of Accounting and Tax. Technology has changed the Accounting Industry.
Currently, the area of Accounting and Taxation has taken an important turn in the use of information technology, because previously the accounting was done without any kind of computer package, and now we can find accounting packages developed especially for these areas.
Focusing on the fiscal area, in recent years there has been a greater concern in the business field to correctly comply with its tax obligations, to fix this situation in Mexico, a good mechanism for paying taxes has been created, through the Internet or via telephone.
Likewise, paper declarations are being avoided, since it is thought that the payment of taxes by electronic means has allowed the reduction of errors.
Finally, the challenge that accountants and tax advisors have is to be part of this change, taking a key role within organizations and supporting decision-making processes.
1. FACILITATES THE TASKS OF THE PROFESSIONALS OF ACCOUNTING
The impact that technology has had in the area of accounting is beyond doubt. Information technologies operate as an engine of change that allows us to respond to new information needs
At present, information technology has created important movements within companies. This has been thanks to the advances that are made, to the implementation of new systems and better technologies, as well as to the efforts of people who have dedicated themselves to innovating new products and services within the information area.
Given the changes and uncertainty in which we live, every company must be prepared to face them as they are presented, and even ahead of them, so as not to fall behind and remain competitive in the industry in which they work.
Before the accounting was done without any kind of computer package, everything was in pencil and with many papers. Now, the work of the accountant has been made more efficient and its role has become of greater importance within the companies, making decisions based on the financial information obtained; all this thanks to the use of information systems.
2. TECHNOLOGY IS THE MOTOR OF CHANGE
Accounting is one of the first areas to modernize, there are currently very developed accounting packages on payment control, payroll, accounts receivable, etc. that have helped the VAT Consultants to facilitate the work he performs and the time he took before to prepare the financial statements will be the time he takes now to analyze them and the decision making of the company.
Also, there are accounting packages for calculating taxes, IMPAC, ISR, VAT, etc. that have greatly facilitated the tax area, to reduce errors and improve the results that must be given according to tax laws
TECHNOLOGY + COMPANY = DEVELOPMENT
The specific value provided by information technologies is Efficiency. The key point to verify and demonstrate that technology contributes to business development is when it becomes a measurable variable, that is, when it allows business management processes to maximize the profitability of their operation and in terms of real figures and minimization. of its operational, administrative and productive expenses.
However, how this Efficiency is deployed in companies that have IT solutions is geometrically ascending to the ability that the solutions implemented in their management processes have been developed based on real and complete knowledge of their basic and tailored basic needs. of this.
The advancement of the use of technology does not imply that the one that today requires the services of the tax advisor, stops doing so. What should be done and continue to do, is the use of this technology for its calculations, since the client will realize the existence of it, and therefore, will demand it.
Therefore, to be at the forefront of technology, the accountant and tax advisor must master four basic aspects:
- Essential knowledge of accounting and tax
- General culture
- Organizational and business knowledge
- Updated knowledge of information technology